DBS Bank has initiated coverage on OSL Group, assigning a 'Buy' rating in its latest research report. The report highlights OSL's strategic expansion from digital asset trading into payment services, aiming to establish a global digital asset ecosystem. OSL is one of only two licensed crypto trading platforms in Hong Kong, leveraging its compliance and first-mover advantage to capture market share. DBS forecasts that the anticipated rise in Bitcoin prices and stablecoin adoption, driven by a lower interest rate environment, will fuel growth, projecting a compound annual revenue growth rate of 77% from fiscal years 2024 to 2026.